Forget contracts, users can now snap up Apple's iPhone 5 at Walmart with Straight Talk Wireless. The major retailer announced today that it will be offering users a contract-free iPhone 5 or iPhone 4 for $45 a month starting on Friday.

"We believe customers shouldn't have to choose between saving money and having the latest technology," senior vice president of Entertainment for Walmart U.S. Seong Ohm said in a statement. "Now customers can have the coveted iPhone with unlimited talk, text and data without a contract."

According to Walmart, the iPhone 5 and 4 will be available in more than 2,000 stores and at Walmart.com. The iPhone 5 will be 16GB and sold for $649 and the iPhone 4 will be 8GB and cost $449. Straight Talk is offering a $45 per month no contract unlimited talk, text, and data plan. Additionally, users can buy the smartphone over time with a financing offer of $25 per month.

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Dara Kerr is a staff writer for CNET focused on the sharing economy and tech culture. She grew up in Colorado where she developed an affinity for collecting fool's gold and spirit animals.
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